SouthPoint Bank

Birmingham, AL
IDRSSD: 3386536
Total Assets
$1.56B
Latest filing
Total Deposits
$1.44B
Latest filing
Net Interest Margin
3.38%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

062006534BIRMINGHAM, AL

Key People

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Locations

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Main Office
SouthPoint Bank
3501 Grandview Pkwy
Birmingham, AL 35243
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/11/2005FDIC Certificate 439443

Branches (10)

Page 1 of 2
NameAddressCity / State
SouthPoint Bank (Main)3501 Grandview PkwyBirmingham, AL
HIGHWAY 157 BRANCH4855 Al Highway 157Cullman, AL
FAIRVIEW BRANCH44 Butler StCullman, AL
MERCHANTS BANK AL MO BRANCH900 2nd Ave SwCullman, AL
HANCEVILLE BRANCH906 Main St NeHanceville, AL
TRUSSVILLE BRANCH7278 Gadsden HwyTrussville, AL
ARAB BRANCH1096 N Brindlee Mountain PkwyArab, AL
GARDENDALE BRANCH1101 Main StGardendale, AL
Showing 7 of 10

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date10/11/2005
Community BankYes
Ownership TypeNot Mutual
ZIP35243
State and County Number01073
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameBirmingham-Hoover, AL

Operational Info

Number of Employees134
Domestic Offices11
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance10/11/2005
Primary Insurance AgencyDIF
Websitehttp://www.southpoint.bank
Data Updated01/30/2026
CERT58088
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.56B
Total Deposits$1.44B
Total Liabilities$1.45B
Total Equity Capital$117.73M
Net Income$-15,118,000
Net Loans and Leases$1.17B
Assets Per Employee ($Millions)$12.51M
Bank Premises and Fixed Assets$25.98M
Cash and Balances due from Depository Institutions$238.16M
Deposits Held in Domestic Offices$1.44B

Key Performance Ratios

Return on Assets (ROA)-3.83%
Return on Equity (ROE)-48.24%
Net Interest Margin3.38%
Efficiency Ratio62.78%
Tier 1 Risk-Based Capital Ratio9.313%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets6.25%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.526%
Earning Assets to total Assets85.87%

Income and Expense

Total Interest Income$23.13M
Total Noninterest Income$2.33M
Total Interest Expense$11.20M
Total Noninterest Expense$8.96M
Net Interest Income$11.94M
Pre-tax Net Operating Income$-19,399,000
Provision for Credit Losses$24.71M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$1.57M
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$10.00M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$9.89M
Total Liabilities and Capital$1.56B

Securities

Securities$58.19M
Available-for-sale debt securities$58.19M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of SouthPoint Bank?
$1.56B as of the latest filing.
How much are SouthPoint Bank's total deposits?
$1.44B in total deposits.
Where is SouthPoint Bank located?
Birmingham, AL.
What is the Net Interest Margin?
3.38%.
How many domestic offices does it operate?
11.
When was it established?
10/11/2005.
What is the Return on Assets (ROA)?
-3.83%.
How much are total loans and leases?
$1.17B (latest filing).
What is the total interest income (latest filing)?
$23.13M.